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Examples
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These projects demonstrate how Syncrude is well on its way toward resolving a difficult environmental challenge and satisfying the expectations of neighbours who want sensitive and productive landscape reclamation.
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Alberta's 17 percent ownership of Syncrude is now on the market for selling, preferably to be sold to Canadian buyers.
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Approximately 80 percent of the production from Suncor and Syncrude is used for the domestic market.
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The cost of producing a barrel of light synthetic crude at Syncrude is around $15 U.S.
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"This is going to have a big impact right across Canada," says Ryan Kubik, the chief financial officer of Canadian Oil Sands Ltd., the largest investor in a consortium of oil companies called Syncrude Canada Ltd.
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Meanwhile, Infrastructure Minister Ray Danyluk called Syncrude "the goat" while discussing the trial with reporters in his riding.
Dose.ca Music briefs 2010
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Capital expenditures are expected to be $408 million for maintenance and $133 million on an emissions reduction project at Syncrude, which is designed to cut sulphur compound emissions by 60 per cent.
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Projects such as Syncrude, Imperial's Cold Lake bitumen-producing facility, Hibernia, the Sable Offshore Energy Project and others are outstanding examples of Canadian technical excellence, along with the ability to execute highly ambitious engineering feats under difficult and challenging conditions.
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One oil sands mining plant, such as Syncrude, requires the direct employment of up to 10,000 workers during construction, both on-site and for related engineering support.
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Having publicly celebrated their opening in October, 2008 this plant would eventually reach 140 000 barrels of mock oil every day, and produces many times the climate changing gasses as regular oil, more than three times the greenhouse gasses of a major strip mine (such as Syncrude or Suncor's projects) or double what is produced by other In-situ ( "in place") operations that currently exist.
Gorilla Radio blog 2009
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